By the fragment of a log-book, which was found among the MSS. just referred to, we are informed that on Beltane day, in the year of Grace 1488, two Scottish ships of war, the _Yellow Frigate_ and the _Queen Margaret_, were lying becalmed off the mouth of the Tay, about seven miles from the Gaa Sands, and three from the Inchcape Rock, the large bell of which was heard at times, as its sonorous notes floated over the still bosom of the water. An abbot of St. Thomas at Arbroath had hung it there, on a wooden frame, to indicate by night that ghastly ridge, so long the terror of mariners; and thus as the waves rose and fell, they swung it to and fro. Water will convey sound to a vast distance; thus, in the noon of a calm May day, the notes of the Inchcape bell were distinctly heard on board of the two ships of his Majesty James III., although they were three miles distant from the reef. A groundswell came off the dangerous sands of Abertay; the sails of the caravels flapped lazily against the masts, as the hulls rolled from side to side slowly and heavily, for there was so little wind that neither would obey her helm, but lay like a log on this water. The fertile shores of Fife and Angus were shrouded in hazy summer mist, above which peeped the bare scalp of the Law of Dundee. Noon passed, and still the swell came rolling in long, glassy, and monotonous ridges from the land, while the burnished sea seemed smooth, as if coated over with oil. The ships lay about half a mile apart; and the _Yellow Frigate_, with which we have more particularly to do, was nearest to the shore. A young officer who was pacing to and fro on her poop, gazed frequently and impatiently at the mouth of the river, and after wearying himself by whistling for the lagging wind, tossing splinters of lighted wood into the water, and watching anxiously the direction taken by the puffs of smoke or steam, he suddenly slapped his hands. "Ahoy there, mizen-top! Barton," he exclaimed to an officer who had ascended into the mizen-rigging, "there is a breeze setting in from the east." "Right, Falconer," replied the other; "I can see it curling the water over the Inchcape; and it comes in time, for I was beginning to bethink me of some other trade, for this of sailor requires overmuch patience for me. So-ho! here it comes!" he continued, while descending the ratlins with the activity of a squirrel. "See how the sea wrinkles before it!" "Now the canvas fills," said Falconer, looking aloft. "The _Queen Margaret_ has caught it already, and now old Mathieson squares his yards. Aha! he is an active carle; always on the look-out, and his messmates jump like crickets when his whistle blows." The person thus eulogized, we find to have been Sir Alexander Mathieson, a rich merchant-skipper of Leith, who had become captain of a king's ship, and won the name of "King of the Sea." "Keep her away, timoneer," said Barton; "keep her away yet--a point or two to the south."